MALACAÑANG

Manila

BY THE PRESIDENT OF THE PHILIPPINES

PROCLAMATION NO. 488

DECLARING THE PERIOD FROM OCTOBER 25 TO 31 AND EVERY LAST WEEK OF OCTOBER THEREAFTER AS NATIONAL REAL ESTATE WEEK

WHEREAS, it is one of the avowed policies of the Government to promote the economy through the housing sector;

WHEREAS, there is a further need to focus public attention on the importance of the real estate industry as a function of development and progress;

NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby declare the period from October 25 to 31, 1994, and every last week of October thereafter as National Real Estate Week in the Philippines under the auspices of the Chamber of Real Estate and Builders’ Associations, Inc. (CREBA).

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.

DONE in the City of Manila, this 26th day of October, in the year of Our Lord, nineteen hundred and ninety four.

(SGD.) FIDEL V.RAMOS

President of the Philippines

By the President:

(SGD.) TEOFISTO T. GUINGONA, JR.